Description

146 B Liverpool One, 3rd Floor Block B Studio for sale at X1 Liverpool One. X1 Sales is delighted to present this spacious, fully furnished third-floor studio apartment in the highly sought-after X1 Liverpool One development (Apt 146B). A Turnkey Investment with Immediate Rental Income This fantastic buy-to-let opportunity comes with a tenant already in situ, ensuring instant rental income from day one. Property Highlights Asking Price: £56,500 Rental Income: £628.33 per month / £7,539.96 per year Location: Prime position in Liverpool ONE, just a 5-minute walk to Liverpool Central Station and Liverpool ONE Bus Station, offering excellent transport links across the city. Secure & Well-Equipped Development: 7-night security (7 PM - 7 AM) Secure fob access Onsite gym exclusively for tenants Key Investment Details Development: X1 Liverpool ONE Ground Rent: £334.21 per year (subject to lease terms) Lease Length: 999 years less 3 days (commenced 19/03/2014) Council Tax Band: A Service Charge (2025): £2,427 per year Lettings Management Fee: 9% + VAT Fully Furnished & Ready for Tenants This modern studio comes fully equipped for student comfort, including: Furniture: Double bed, foldable dining table, bar stools, study desk with chair, TV. Kitchen Appliances: Fridge-freezer, hob, oven, microwave, kettle, toaster. Financials – Gross & Net Yield Calculation Gross Yield: (Annual rent ÷ Purchase price) × 100 £7,539.96 ÷ £56,500 × 100 = 13.35% Gross Yield Net Income Calculation: Annual Rent: £7,539.96 Deductions: Service Charge: £2,427 Ground Rent: £334.21 Lettings Management Fee (9% + VAT): £814.67 Total Annual Costs: £3,575.88 Net Income: £7,539.96 - £3,575.88 = £3,964.08 Net Yield: (Net income ÷ Purchase price) × 100 £3,964.08 ÷ £56,500 × 100 = 7.02% Net Yield Why Invest in This Property? High Rental Demand: Located in the heart of Liverpool’s thriving student & professional rental market. Hands-Free Investment: A tenant is already in place, ensuring a steady rental return. Strong Returns: 13.35% Gross Yield and 7.02% Net Yield based on current financials. Long-Term Security: 999-year lease offers lasting value & stability. Interested? Contact Us Today! This is a fantastic opportunity to invest in one of Liverpool’s most vibrant and in-demand areas. Get in touch now to arrange a viewing or request further details! Note: Sample photos of a similar unit have been used. Actual layout and furnishings may vary.